Stories by McPherse Thompson

Desnoes & Geddes Limited, which trades as Red Stripe Jamaica, has settled a lawsuit with an octogenarian farmer who sued the company for negligence on allegations he became ill after consuming a bottle of Red Stripe beer...

The widow of a D&G heir has been cleared to sell most of her holdings in iconic drinks company Desnoes & Geddes Limited sought by Heineken Sweden, part of which a law firm had attempted to claim as payment for outstanding legal fees...

The Court of Appeal has overturned a high court ruling that would have allowed the common-law spouse of a policeman who passed away nearly a decade ago to collect a widow's pension from the Government.Winsome Bennett had a relationship with...

A second effort by the Gorstew Limited for the Privy Council to grant permission for an appeal against the acquittal of three former ATL executives in a fraud case adjudicated more than three years ago has been blocked by the London-based panel,...

The Industrial Disputes Tribunal (IDT) has awarded a total of $17 million to be shared by two former employees, who it ruled were both unjustifiably dismissed by the All-Island Jamaica Cane Farmers Association (AIJCFA) about 18 months ago.The three...

There will be no disruption to the trade arrangements between Jamaica and other members of CARIFORUM as a result of the impending separation of Britain from the European Union, High Commissioner to Jamaica Asif Ahmad has assured. But Ahmad said his...

The Supreme Court has granted summary judgment to Medical Associates Limited in a claim brought by its management company to recover more than 400,000 shares that were tended to secure a loan to finance further developments at the Medical Associates...

LASCO Distributors Limited said that in its continued drive to improve efficiencies and reduce overall operating costs it will discontinue its distribution arrangement for the Unilever cold storage and dry food portfolio, effective Wednesday,...

Businessman Michael Lee-Chin has served notice that he intends to submit to arbitration a claim against the government of the Dominican Republic seeking to recover more than US$300 million in damages for expropriating his investment in that country....

In a five-year review of Clarendon Alumina Production, CAP, the Auditor General raised concerns about the state company's solvency, saying that while there was marginal improvement to two per cent, it was well below the threshold of 20 per cent,...

Jamaica's foreign exchange system has entered into a new paradigm of flexibility, where the value of the Jamaican currency is likely to move in either direction based on market conditions, according to Brian Wynter, governor of the Bank of Jamaica,...

The Office of Utilities Regulation (OUR) has established a new meter-testing protocol to provide an appropriate framework for the verification and testing of existing and future meters used in the Jamaican electricity and water sectors.The protocol...

Termination rate cuts for fixed line phone calls are now to be implemented over a four-month period starting December 1, this year as the Supreme Court gives the green light to the Office of Utilities Regulation, OUR, to proceed with its decision...

Disciplinary proceedings instituted against Wentworth Graham, chief regulatory officer of the Jamaica Stock Exchange (JSE), have been abandoned consequent on his passing last week.Asked what happens with those proceedings now, Robin Levy, who until...

The Jamaica Public Service Company (JPS) will be levying a late payment interest charge on any of the Government's electricity bill balance that remains unpaid seven days after the due date, effective October 1.JPS Director of Corporate...

Anyone who feels aggrieved by any kind of development in their neighbourhood can invoke the provisions of the Restrictive Covenants (Discharge and Modifications) Act to kill the project, according to attorney Clayton Morgan.While Morgan notes that...

It would be an incredible achievement if the Jamaican economy realises annual growth of 2.8 per cent over the next five years, having expanded by an average 0.5 per cent over the past decade, according to economist Inder Ruprah.Referring to the...

The prevalence of poverty in Jamaica, at 21.2 per cent, has reached its second-highest level in almost two decades, according to the 2015 survey of living conditions, the latest such study conducted by the Statistical Institute of Jamaica (STATIN)....

Despite an increase in employment, there was a near one-third decrease in collection of personal income taxes for the first four months of this fiscal year, April-July, relative to the corresponding period last year.While the Government said that...